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BMK

03/08/12 4:23 PM

#338055 RE: alien42 #338049

It appears in court transcripts this magic "formula" is a sticking point, along with the value of the result of this magical "formula."

Teflon2Insults

03/08/12 5:07 PM

#338059 RE: alien42 #338049

See another of those not well thought out investors who can't seem to understand a company sells any share of stock ONCE. If the one that invests in it then sells it at a gain or loss, to you or someone else, who does the same...is what investing is all about.

invest in a fraud and you lose.

Very literally... MOST OF THE SHARES OF STOCK SOLD ON THE MARKET TODAY (like any other day), ARE IN COs THAT HAVEN'T ISSUED NEW SHARES IN YEARS...THEY GET NOT ONE CENT FROM THESE TRADES. (See they sold the stock before...took the money and maybe made profits and maybe not). So how could they possibly be responsible for if the one owning or buying it loses or makes out?
Had these weirdo's made the money owning the SPNG stock they deluded themselves to thinking they would, would they have given it all back to the company - for having invested in something 'too good to be true"?

Duh.

big lug

03/10/12 6:18 AM

#338099 RE: alien42 #338049

Is the 50 billion shares traded a real number?

I know you can have 1 billion shares get traded 50 times over to have a total of 50 billion shares traded in total, but 50 billion is a big number considering the number of shares held and not traded by the scammed.

It's those that held their shares that facilitated the scammers making their money.